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Re:$700bn Bailout is shot down by House of Rep Vote (205-228... by cubix on Monday September 29, 2008 @06:57PM (#318992)
The Austrians were predicting it in '02: http://mises.org/story/986

Raines may be in a dream business, but the net result of Fannie Mae’s actions in the credit markets is a nightmare of resource misallocation and massive systemic risk.

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